đ„ BREAKING â Major Debate Ignited by Reports from China and the U.S.:
đšđł The Chinese government has accused the United States of stealing 127,272 Bitcoin (worth about $13 billion) linked to the Prince Group Mining Pool (LuBian) đŠ
đ What Happened:
âą đïž December 29, 2020: The LuBian Mining Pool was hacked, and 127,272 BTC (then worth $3.5 billion) went missing.
âą âł The funds remained unmoved for almost four years â unusual if ordinary hackers were involved.
âą đ§Ÿ June 2024: The Bitcoin was suddenly transferred to wallets identified by Arkham as belonging to the U.S. government.
âą âïž October 2025: The U.S. Department of Justice announced it had âlegally seizedâ 127,272 BTC connected to a fraud case.
âą đšđł However, CVERC (Chinaâs Cybersecurity Agency) claimed this was a âtypical case of thieves becoming tradersâ â implying that the U.S. itself carried out the hack and later claimed the funds.
âą âïž All BTC transfers used the same transaction fee value, suggesting an automated script was used.
đ§ Market Impact:
This report has sparked a heated debate over the legitimacy of U.S. Bitcoin holdings and the transparency surrounding seized crypto assets.